Bonus Watch '15: Bank of America CEOs
Bri Moy is running a little low on cash these days.
Whatever doesn't kill him makes him stronger.
Bank of America Corp. cut Chief Executive Officer Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half. Moynihan got $11.5 million in stock grants, the company said Tuesday in a regulatory filing. The board left his salary unchanged at $1.5 million and he received no cash bonus, a person with knowledge of the decisions said, asking not to be identified because the figures weren’t announced.
BofA Board Cuts CEO Moynihan’s Pay 7.1% to $13 Million [Bloomberg]
